Shake Shack: Ask A Vegan

The title image says: no meat please...

 Anytime Charles Payne asks me to be on his top ranked show (yes, he beats Jim Cramer’s Mad Money in that time slot!), I say yes. It’s fun, and on this Friday May 4th they had me for a second spot talking Shake Shack earnings. We talked about the overall market outlook and the momentum that continues. However, I also wanted to share a little about myself - I’m a vegan. That means I don’t eat anything from an animal. Charles thought that was funny and offered to have a vegan burger with me next time I hit NYC. He’s a first class act.

If A Bear Pooh-poohs The Market, Does Wall Street Hear It?

The title image on this video says: Think happy thoughts . . . It was Friday, May 4th and I was asked to do a few segments for Making Money with Charles Payne. Always fun, always a pleasure. We talked the jobs numbers, of which I wasn’t too impressed with, and labor participation was weak as usual (since 2013). So, I made a joke I ripped off from Bob Clark (770 KKOB, the #1 radio show in all of New Mexico) and asked at 4:02, if a bear pooh-poohs the market, does anyone on Wall Street hear it . . . it’s Friday, what can I say?

Lee Munson On Mornings With Maria: Earnings Season

Maria asked me to be on her show for the very best segment anyone could wish for: Friday after a huge week of earnings. Basically, I get to recap the most important things of the week – after getting a chance to actually sleep on it and think about what matters most. That’s rare for TV interviews and I’m blessed for the opportunity. So, we talk about Amazon, and how the bears wanted to define them by tweets from Trump – like that determines revenue! Are earnings too rosy for next quarter? Maybe. Is Apple going to beat? I don’t know, may not. Is oil going to derail markets? Probably not, I don’t buy higher prices with this much supply – come on, Saudi Arabia is trying to go public, prices will get fixed higher for a while. And lastly, I riff on European bank earnings and throw Deutsche Bank under the bus for incompetency and suggest Barclays is another Wells Fargo with bigger fines.

Bank Earnings The Only Theme To Care About

So, starting with this interview, I’m doing a residency for Yahoo! Finance of sorts. Every second Tuesday I’m going to do a long-form interview. The topics? Whatever is on my mind that day.

Jen Rodgers asks all the right questions - why are bank earnings the most important tell for the market right now? I explain why I love to analyze the earnings to give me a high level view of the overall economy. This helps give me a clue to the mood of bankers, firms that borrow money to expand, and the effect of the tax cuts. While none of this will make you a billionaire trading stocks - it can help with practical decisions on rebalancing, how to invest new cash, and where to focus on when clients need money to cover their monthly expenses.

Also, it’s fascinating. . . We shot this in my office studio via Skype. I have to say the picture quality isn’t that bad and audio is what it is. Notice the twin posters of Twin Peaks - a reimagined movie poster version that for whatever reason I have two of.

Lee Munson Spring Break TV Tour

Spring break along with first quarter are behind us. Below are some of the interviews I did while on a mini-week vacation with my family to Manhattan. Yes, I snuck in some quick TV shots in between taking my kids to a Broadway show, MOMA/The Met/NY Nat History Museum.

First off, a short but electric interview with Charles Payne. This got a ton of hits, and at the end you can hear Charles end with “Lee Munson, you’re the man.” What a compliment!

Second, I make my triumphant return to Mornings With Maria Bartiromo. She gave me over 5 minutes to chat about the tariff trades, if I would commit money that day, and thoughts on the new Fed governor. My favorite line is “I knew the gig was up.”

Third, a long form interview (I chopped it down to size on my laptop) for Yahoo Finance’s The Final Round. Jennifer Rogers is the best person to spend 30 minutes with talking about everything from Facebook’s data SNAFU, interest rates, to the private equity markets. This was also my second major interview not wearing a tie – which I seem to think is really cool.

Here is the bottom line: we had some buying opportunities and took advantage of them. Our team has disciplined market levels we are looking to rebalance. If you really want to know the levels and technical numbers we are looking at, just email me at lee@portfoliollc.com.

Munson on Payne: Change what you're smokin'

High energy interview on the top ranked (hey, it beats Cramer in the same time slot - look it up!) Fox Business show Making Money with Charles Payne. I suggest that Wall Street should “change what they are smoking” in thinking we will have a full scale trade war that brings the market down. Kudlow is here to negotiate (hope he stays!).

Lee Munson On The Short Volatility Crash Of 2018

I absolutely love going on with Jennifer Rogers and talking markets. After covering the crash from Monday - I make some pot shots at Carl Icahn. But let’s be honest, he has some good points and billion dollars in the bank. 

“Taking some profits from the last year on Monday and investing new cash."

“Wait a little bit, see what happens, nobody knows, but when volatility is this high, relax and see where things go.”

“I was there for the dot.com crash, don’t be so convinced we are fine, but know I’m still overall bullish.”

“Dips are healthy, and I like the pause, but I want to see more pause, more blood-letting, and I want to see three good down days.” 

End Of Year Wrapup 2018 - Bitcoin Is Dot.com Redux

I love to do end of year shows when not enjoying the holidays with my family. While Liz Clamen was on break, Cheryl Casone got the interview rolling. My take is simple, a chart is a chart, and bubbles are best played on breakouts and momentum. But if you want my opinion about buying this stuff, the answer is no. Fox Biz wanted me to give an end of year price for Bitcoin in 2018, and nobody really knows. I guessed $2000, but let me tell you, this could get more out of hand before reality sets in.

Munson on 2018 rally, FAANG rally, Bitcoin Bubble

Jen Rogers and I spent some time together in the Yahoo Finance NYC studio. We covered everything that was rattling around in my head that cold Manhattan afternoon. I said I would fly back once the yield curve inverted . . .